Palomar Holdings, Inc. (PLMR) vs Selective Insurance Group, Inc. (SIGI)

Palomar Holdings, Inc. and Selective Insurance Group, Inc. are both Insurance Property & Casualty companies. Selective Insurance Group, Inc. is the larger, with a market value of $5.1B against $3.3B — 1.5× the size. Selective Insurance Group, Inc. trades at the lower P/E: 10.7× against 16.2×. Palomar Holdings, Inc. grew revenue faster over the last twelve months: 60.0% against 7.01%. Palomar Holdings, Inc. has the higher net margin (18.6% vs 8.93%) and the higher return on invested capital (13.5% vs 9.36%). Across the 22 metrics below, Palomar Holdings, Inc. leads on 11 and Selective Insurance Group, Inc. on 11.

Valuation

Metric PLMR SIGI Insurance Property & Casualty median
P/E 16.17 10.68 10.29
P/S 2.99 0.94 1.17
P/B 3.33 1.48 1.83
Price to free cash flow 8.00 4.29 7.48
EV/EBITDA 13.05 8.65 7.49
EV/Sales 3.25 1.13 1.13
Earnings yield 6.19% 9.36% 9.50%
Free cash flow yield 12.50% 23.30% 13.29%

Profitability

Metric PLMR SIGI Insurance Property & Casualty median
Gross margin 24.87% 41.16% 41.16%
Operating margin 24.87% 12.46% 15.09%
Net margin 18.61% 8.93% 11.51%
Free cash flow margin 37.41% 21.73% 17.59%
Return on equity 22.23% 14.73% 18.19%
Return on assets 5.98% 3.25% 3.74%
Return on invested capital 13.54% 9.36% 12.06%

Growth

Metric PLMR SIGI Insurance Property & Casualty median
Revenue growth (TTM) 59.98% 7.01% 8.69%
EPS growth (last fiscal year) 60.04% 131.89% —
Revenue growth, 5-year CAGR 39.06% 12.80% 9.23%
Net income growth, 5-year CAGR 99.37% 13.16% 10.09%

Health

Metric PLMR SIGI Insurance Property & Casualty median
Debt to equity 0.30 0.25 0.25
Current ratio 0.50 0.25 0.42
Net debt to EBITDA (0.41) 1.32 0.08

Dividend

Metric PLMR SIGI Insurance Property & Casualty median
Dividend yield — 1.47% 2.79%
Payout ratio 0.00 0.27 0.27

Size

Metric PLMR SIGI Insurance Property & Casualty median
Market cap 3.31b 5.11b 2.44b

Compare with another peer

Any metric, up to five companies and an Excel export Powerpack